Tidbit from an article in the T-P...
Quote:
Pair arrested in looting of old Entergy power plant near river
Published: Monday, July 19, 2010, 8:46 PM Updated: Monday, July 19, 2010, 9:08 PM
[Power plant owner] Market Street spent about $14 million for the sprawling post-industrial site that has for years been coated with graffiti -- some vibrant and artistic, some just disturbing to police -- and pillaged by vandals seeking scrap metal to sell.
With the acreage, the riverfront view and the proximity to the Ernest N. Morial Convention Center, Ullian and his partners promise a retail and entertainment project that includes an undisclosed "iconic tenant" who, they said, City Hall has been trying to lure into town for years.
Police Superintendent Ronal Serpas said Friday's arrests are "an example of what we can do when we work together to achieve a safer community."
For developers like Swickle and Ullian, who come to town every week from Miami, it's a sign that New Orleans has a new way of doing business. He said the client, which they said they may identify within a few months, is going to help the redevelopment project link the Lower Garden District to the riverfront and bolster the draw of the Convention Center.
|
This sounds like BS to me. What kind of "iconic tenant" can they possibly get that would have a major impact?
The only thing I can picture would be a major casino franchise like MGM or Caesar's Palace. Detroit keeps pinning its hopes on big new casinos, and we see how they're doing.